The Forster Muhlenkamp Foundation

PONTE VEDRA BEACH, FL EIN: 87-6876764

The Forster Muhlenkamp Foundation is a private foundation, based in PONTE VEDRA BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $292K in total assets. In 2024, it awarded 3 grants totaling $18K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$292K

-4.4% YoY

Annual Giving

$18K

+112.4% YoY

Grant Count

-40.0% YoY

Avg Grant Size

$6K

+254.0% YoY

Under IRS private-foundation payout rules, The Forster Muhlenkamp Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About The Forster Muhlenkamp Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $19K (71%)

Florida $5K (19%)

Indiana $3K (10%)

Virginia $100 (0%)

States

Alabama Florida Indiana Virginia

Cities

Alexander CityBirminghamCulverKeswickMontgomeryPonte Vedra BeachRamer

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2021
Total Assets	$291,782	$305,281	$161,766
Revenue	$5,681	$142,850	$322,606
Expenses	$19,180	$9,148	—
Qualifying Distributions	$19,180	$8,380	—
Net Investment Income	$3,261	$12,209	$6,552
Distributable Amount	$16,902	$15,402	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Kulture City ($12,500), St Francis in the Field ($5,000), First Baptist Church ($300).

Recipient	Purpose	Amount
FIRST BAPTIST CHURCH MONTGOMERY, AL	LIVING CHRISTMAS TREE	$300
ST FRANCIS IN THE FIELD PONTE VEDRA BEACH, FL	MEMORY GARDEN	$5,000
KULTURE CITY BIRMINGHAM, AL	ANNUAL FUND RAISING	$12,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PETER H FORSTER	TRUSTEE	—	—
CAROLINE E MUHLENKAMP	TRUSTEE	—	—
MATTHEW N MUHLENKAMP	TRUSTEE	—	—

Frequently Asked Questions

How large is The Forster Muhlenkamp Foundation?

As of 2024, The Forster Muhlenkamp Foundation holds $292K in total assets with $6K in annual revenue. It awarded 3 grants totaling $18K in 2024.

Where does The Forster Muhlenkamp Foundation operate?

The Forster Muhlenkamp Foundation has awarded grants in Alabama, Florida, Indiana, Virginia.

What size grants does The Forster Muhlenkamp Foundation award?

In 2024, The Forster Muhlenkamp Foundation awarded 3 grants totaling $18K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is The Forster Muhlenkamp Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Forster Muhlenkamp Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Forster Muhlenkamp Foundation's EIN?

The Forster Muhlenkamp Foundation's EIN (Employer Identification Number) is 87-6876764. IRS Form 990 filing data is available on this page for 2021–2024.